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Jul 8, 2015

Today we have Michael Seibel current full time partner at Y combinatory and cofounder and former CEO of Twitch. A graduate of Yale University with a bachelors degree in political science, Michael first gained success in the tech world with his company Justin.tv which later became Twitch Interactive that sold to Amazon for $970 million dollars. While CEO of Socialcam, the startup participated in Y Combinator raising capital from angel investors and eventually selling to Autodesk Inc for $60 million dollars. Today Michael enjoys advising startups as a partner at Y combinator and helping to create the next leaders of technology.  

Michael Seibel is interviewed in Palo Alto by Startup Grind CEO and Silicon Valley chapter director Derek Anderson.  

 

 

This interview provides insightful information on how the speed in which you launch a startup can vastly affect the success of your business. As Michael says, about 90% of what you think of your business is wrong and about 10% is right, thus the sooner you can get your business out there to users the faster you will grow that 10% and the faster they will start building things they like, instead of what you think they may like. He explains how Y combinatory aims to create a supportive yet high pressure environment to make startups more successful and that Y combinator doesn’t want their investment to be the deciding factor in whether you create your startup or not, they want your startups creation to feel inevitable.